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Greenspan was well aware what was happening, didn't want to look like a fool when it all started to fall apart. Wanted to look prophetic...
The markets are crazy, who knows how things will shake out in the near term, in the long term it looks pretty bad.
It was a very busy day in NY today, all of the bankers that were anybody were there.
The financial blogs are going pretty crazy.
And Lehman's just filed for Chapter 11.
http://www.cnbc.com/id/26708143
I daresay the news tomorrow won't be about Palin.
Full circle.
If you bury yourself in right-wing talking points, then the "Bush Doctrine" has far more meaning to you.
If you are a Republican that has higher ambitions, even when you are a small town mayor, it seems you might pay attention to what is going on around you. You didn't have to be a freak to know these things. I'm not brilliant, but somehow I managed to know what Gibson meant, or could have asked Gibson to clarify what exact portion of the doctrine that he meant. I saw it, that was NOT clarification she was going for.
The stunning lack of curiousity is what gets me, and that it's excused, unless of course it's being explained as brilliance. She reminds me more and more of the other likeable everyman that is running our country and ruling by his "gut".
You're right, we probably could never have gotten the evidence to convict OBL. It was not worth the time or effort to go get him, it's too hard. /sarcasm off
Apparently there are those that agree and instead changed our focus to the boogeyman Saddam.
I'm suprised we even bothered with the first bombers of the WTC (who we somehow managed to catch and convict).
It remains to be seen about Paulson and whether he's holding firm.
http://krugman.blogs.nytimes.com/2008/09/14/when-is-not-a-bailout-a-bailout/
If you listen to the people (mucky mucks) calling in to CNBC right now, some are scared and are being very careful of how they phrase things.
AIG hasn't been turned down for the 40 billion dollar loan yet.
As of tomorrow, we will only have two remaining investment banks in this country.
Greenspan called this a hundred year storm this morning.
That financial storm blowing is quite unbelievable.
I like that Merril Lynch was trading for under $18 Friday and is being bought for $29 a share by B of A.
AIG wants the FED to directly lend them 40 billion dollars in a "bridge" loan.
Lehman, as we know it, will be gone tomorrow.
The Fed is changing the rules.
The AP headline at the side of Salon is "Republicans fault both campaigns for negative ads".
And cocktailhag, if you look at Paglia's article there are over 800 posts, more than 90% of them are first time posters. I have no doubt that now the new ones brought over can't post there, they might post elsewhere.
The blogs they are coming from no doubt push talking points, they've just read up on them.
See the trouble is, I believe you are very aware of what the Bush Doctrine is and is not.
I have not seen any evidence of that from Palin, and she's the one that is running for VP.
No, I still think we can thank Paglia for many of the newbies. Her article is still linked to a few RW blogs and they are browsing around after reading her, Paglia's article no longer accepts comments.
It's not marching orders, they've read their own blogs and would prefer to believe that her gaffe was because Palin is so sophisticated and nuanced that she wanted clarification.
The deer in the headlights look she had and the fact that they themselves are calling it a "gotcha" moment (with all that implies) doesn't matter.
Rove thinks McCain's ads have been a little too over the top and can produce effective counter attacks.
http://www.huffingtonpost.com/2008/09/14/karl-rove-mccains-ads-hav_n_126280.html
My guess is Rove is giving different advice here.
Maybe he thinks McCain should save the really nasty, bs ones for the last minute, not put them out there now when they can be refuted. Or just use the data in push polls, they've worked for him/Bush (and against McCain) before, questions like do you know that Obama wants to teach 5 year olds about condoms and safe sex techniques? Hmm, do you agree with Obama on that position or not?
He thinks McCain's ads have been a little too over the top and can produce effective counter attacks.
http://www.huffingtonpost.com/2008/09/14/karl-rove-mccains-ads-hav_n_126280.html
My guess is Rove is giving different advice here.
Maybe he thinks McCain should save the really nasty, bs ones for the last minute, not put them out there now when they can be refuted. Or just use the data in push polls, they've worked for him/Bush (and against McCain) before, questions like do you know that Obama wants to teach 5 year olds about condoms and safe sex techniques? Hmm, do you agree with Obama on that position or not?
When you think of the MSM remember that they are the ones who sold us these wars, without question or comment.
I agree, they suck.
But so far, unless you know a better source, where can I hear about Palin and her beliefs and world views in her own words?
I saw a couple of the YouTube clips of her at church and that's not enough. A couple of campaign speeches (whether they be for mayor, governor or VP) are not enough either, though they do shape my view of her.